MAXIMUS (NYSE:MMS) announced today that it has signed a new contract with the Colorado Department of Health Care Policy and Financing to help Colorado modernize eligibility and enrollment for its Medical Assistance programs, including Medicaid and the Children's Health Insurance Program (CHIP). The five-year program is expected to launch in October 2010 and run through June 2015, at which time the state may exercise up to three one-year extensions. The Company estimates that if all services and extensions are exercised, the total value of the program is expected to be approximately $60 million.
“We commend Colorado's vision and foresight in establishing this program to provide more cost-effective and high quality services”
Under the program, MAXIMUS will help Colorado modernize, standardize and simplify the enrollment and renewal process for its public medical assistance programs in an effort to streamline eligibility determination and accelerate enrollment and benefit distribution to consumers. The program includes a Denver-based customer service call center and eligibility and enrollment center to support multi-channel access that emphasizes a variety of self-service options to improve access to health care for Coloradans.